Digi International (NASDAQ:DGII) Maintains "Buy" Rating with Increased Price Target

Font: Financial Modeling Prep  • Aug 07, 2025

• Roth Capital reaffirms a "Buy" rating for Digi International (NASDAQ:DGII) and raises the price target from $38 to $40.
• Digi International reports quarterly earnings of $0.53 per share, beating the Zacks Consensus Estimate by +3.92%.
• Revenue for the quarter ending June 2025 was $107.51 million, a 1.24% increase from the previous year.

Digi International (NASDAQ:DGII) is a key player in the computer networking industry, providing IoT connectivity products and services. On August 7, 2025, Roth Capital reaffirmed its "Buy" rating for DGII, with the stock priced at $32.03. Roth Capital also increased its price target from $38 to $40, indicating confidence in the company's future performance.

Digi International's recent financial performance supports Roth Capital's positive outlook. The company reported quarterly earnings of $0.53 per share, surpassing the Zacks Consensus Estimate of $0.51. This represents a +3.92% earnings surprise and an improvement from $0.50 per share in the same quarter last year. In the previous quarter, DGII also exceeded expectations with earnings of $0.51 per share, resulting in a +4.08% surprise.

Revenue figures further bolster the company's strong performance. For the quarter ending June 2025, Digi International posted $107.51 million in revenue, 1.24% above the Zacks Consensus Estimate. This is an increase from $105.2 million in the same period last year. The company has surpassed consensus revenue estimates twice in the last four quarters, showcasing consistent growth.

DGII's stock price currently stands at $32.10, reflecting a slight increase of 0.47% or $0.15. The stock has fluctuated between a low of $30.69 and a high of $32.86 today. Over the past year, DGII has reached a high of $37.07 and a low of $22.39. With a market capitalization of approximately $1.19 billion, Digi International remains a significant player in its industry. Today's trading volume for DGII is 189,088 shares on the NASDAQ exchange.